New Carlisle Library Board

Analysis

New Carlisle Library Board is a registered charity in United States, based in New Carlisle, OH. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Carlisle Library Board reported income of $920k and spending of $1.1m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $726k to $920k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Carlisle Library Board sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Santa Barbara Partners in Education a Calif Non Profit Public Ben Corp ($920k), Holy Trinity Armenian Pre-School Inc ($920k) and Decatur Education Foundation Inc ($920k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $117k (11% of expenses). Other salaries and wages came to $215k. At year end it held assets of $655k against liabilities of $0, net assets of $655k. It reported 13 employees.